261 Saint Mihiel Dr Riverside, NJ 08075
Property Lookup
Property profile & analytics
261 Saint Mihiel Dr Riverside, NJ 08075
- Turn key restaurants
- 600 SF
- 0.34 lot acres
Property ID
US59-1488997
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 261 Saint Mihiel Dr
- Lot size
- 0.34 lot acres
- Property size
- 600 SF
- Zone code
- I2
- Property type
- Turn key restaurants
- APN
- 30 00502-0000-00010
- APU
- 3000502000000010
Description
This exceptional 0.34-acre property at 261 Saint Mihiel Drive in Delran, New Jersey, presents a compelling investment opportunity. Boasting a substantial 14,863 square feet of land, this site is zoned I-2, opening doors to a wide array of potential commercial uses. The property's strategic location within Delran positions it to benefit from the township's ongoing revitalization efforts. The true value lies in the land itself, offering significant potential for development and future growth. Further enhancing its appeal, there's a possibility of acquiring additional land from the township, providing convenient easement access to American Legion Drive. This access improvement would significantly enhance the property's logistical advantages and overall development potential. This is a rare chance to acquire a well-situated parcel in a thriving area, primed for a variety of commercial ventures. The I-2 zoning allows for diverse development options, making this an attractive proposition for investors seeking a strong return on investment. Serious inquiries are encouraged to explore the full potential of this remarkable property and the possibilities it presents. The potential for expansion via additional land acquisition from the township adds to the overall attractiveness of this unique opportunity.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Delran
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.9654
- Latitude
- 40.0366
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,947
$70,000
$3,700
$73,700
-
$70,000
$3,700
$73,700
